With most business opportunities, it is possible to calculate the expected monetary benefits and costs, while considering other factors such as the opportunity cost of capital and project risk.A similar approach for transport infrastructure projects is also attractive. Just work out the benefits in today’s money, divide this by the […]
Monthly Archives: May 2009
25 posts
Parliament yesterday had some interesting discussion about progress on deciding which option of the Waterview Connection is likely to be built, if any at all. It seems like Steven Joyce has got it into his head that the poor cost-benefit ratio of the Waterview Connection (only 1.15 and I have […]
Conflicting stories from within ARTA have apparently now been sorted out, as Mathew Dearnaley writes in the Herald. Sharon Hunter from ARTA has emailed me and confirmed: The introduction of Onehunga passenger services is planned for introduction in the first part of 2010 following on from the completion of Newmarket […]
March 2009 was a record breaking month for public transport usage in Auckland. The ARTA monthly business report confirms that there were 6,115,155 bus, ferry and rail boardings in March across Auckland’s network. This is up 19.7% on last March. It also means that the 12 month rolling total for […]
The Toronto Transit Commission (TTC) has announced that Bombardier Transportation Canada Inc has been awarded a contract worth a total of $1.22 billion (excluding taxes), for 204 new low-floor light rail vehicles (LRV), with a delivery date beginning in 2011.
The Herald reports: As the Transport Agency prepares to open a new motorway through Mt Roskill next week, uncertainty remains over how it will eventually reach the Northwestern Motorway at Waterview. Although a review on using tunnels or a motorway was to have been ready last month, officials are collecting […]
Architect Andrew Patterson has been brought on board to redesign plans for the Orakei peninsula, incorporating the Orakei railway station. An article on stuff.co.nz says the concept envisages 670 apartments of varying sizes in blocks up to eight storeys high, public plazas, a waterfront pier, circuit walkway, offices and retail […]
Confusion reigns about the location of the Onehunga railway station, originally scheduled to open in December of this year. According to officials from ARTA and the ARC, Ontrack are claiming there are insufficient funds to extend the railway line from Galway Street to the rail station site the ARCÂ purchased on […]